Arbitration: A Very Short Introduction (pdf)

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Author Thomas Schultz, Thomas D. Grant
Edition 1
Edition Year 2021
Format PDF
ISBN 9780198738749
Language English
Number Of Pages 144
Publisher Oxford University Press

Description

Arbitration is a legal dispute resolution mechanism, alternative to courts. It provides binding decisions, enforceable around the world. It is where parties take their disputes when they have agreed that courts, for one reason or another, do not suit them – which happens more often than one might think. Some of the most politically sensitive disputes on the largest scale go to arbitration. Countries which need to settle their boundaries in areas of the oceans rich in oil, gas and other resources sometimes arbitrate, and much of the war in Sudan was eventually tied up with an arbitration. Investors who have staked billions of dollars in unstable developing countries rely on arbitration clauses to protect their investments. But also much smaller, everyday cases are routinely dealt with by arbitration – millions of consumers, whether they know it or not, enter into arbitration contracts when they conclude routine transactions. Even athletes get involved in arbitration cases of great

Additional information

Author

Thomas Schultz, Thomas D. Grant

Edition

1

Edition Year

2021

Format

PDF

ISBN

9780198738749

Language

English

Number Of Pages

144

Publisher

Oxford University Press

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